Sold July 17, 2015: Mariner Motel 573 Route 28 West Yarmouth
100 units on 2.75 acres at the Great Island Lights in West Yarmouth. The Buyers now own 4 major hotels on the Cape having purchased their first in 1996. Sellers, Jeffrey Swartz, Paul Swartz & Howie Onik , constructed the Mariner Motel and have operated it since 1984.
This sale was a success thanks to the following:
Financing was arranged by Charlie DeSimone of Bank of Cape Cod
Steven J. Pizzuti, Esq. of Hyannis represented the lender
Tony A. Hewett, Esq. of Boston Represented the SBA
Theodore A. Schilling, Esq. of Osterville represented the Buyers
Contact: Chuck Carey
Phone: 508.790.8900 ext. 101
cjc@careycommercial.com
The information provided herein is gathered from sources we deem reliable. We have no reason to doubt its accuracy but do not guarantee it. The potential buyer should verify all information prior to purchase. Buyer and buyer's advisors should conduct a careful and independent investigation to your satisfaction of the suitability of the business for your needs.